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Nov 1, 2012
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gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last month. spain and greece have the highest unemployment rates - both hover around 25%. young people have been hit the hardest - 3.5 million young people under the age of 25 are out of work. jpmorgan is still chasing down employees involved in the bank's massive $6-billion trading loss. reports say jpmorgan is suing the man who supervised "bruno iksill," the trader known as the london whale. iksill is said to be responsible for taking supersized positions in deravitives that led to multi-billion losses this year for jpmorgan. his boss, javier martin artajo, is now being sued in a british court by the bank. facebook is feeling the post- lock-up pinch and slipped a little. about 229 millon shares expired this week, giving faceboook employees the right to sell their stock as part of an agreement after facebook's ipo. bu
gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last month. spain and greece have the highest unemployment rates - both hover around 25%. young people have been hit the hardest - 3.5 million young people under the age of 25 are out of work. jpmorgan is still chasing down employees involved in the bank's massive...
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Oct 31, 2012
10/12
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yes. >> look, the gm one is highly misleading. the jeep one is a total lie. if mitt romney was pressed on this in a court case, it would be perjury. you could go to jail for lying this straightforward and this obviously. so that's a huge problem for him and his trust and the fact they're doubling down on it tells you a lot about where they are at. you know, he was also pressed today to answer questions on fema. he wouldn't answer. they wouldn't state a position on affirmative action even though it was in the supreme court this year, and obama did. there are still important issues where they will not tell the truth or give any answer at all. >> and i -- he's not trying to trick the jeep workers in toledo who know the truth. >> right. >> he's trying to get other people in ohio who don't have someone at the kitchen table who can tell them exactly how it works at chrysler. >> yeah, this is sort of like targeting messaging for low-information voters. i mean to your point. >> and doing it at the last minute. >> the last minute. it's harder to rebut. and one other p
yes. >> look, the gm one is highly misleading. the jeep one is a total lie. if mitt romney was pressed on this in a court case, it would be perjury. you could go to jail for lying this straightforward and this obviously. so that's a huge problem for him and his trust and the fact they're doubling down on it tells you a lot about where they are at. you know, he was also pressed today to answer questions on fema. he wouldn't answer. they wouldn't state a position on affirmative action even...
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Oct 31, 2012
10/12
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obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under president obama, gm cut 15,000 american jobs, but they're planning to double the number of cars built in china which means 15,000 more jobs for china. and now comes word that chrysler plans to start making jeeps in, you guessed it, china. what happened to the promises made to autoworkers in toledo and throughout ohio? >> that provoked general motors spokesman to release this statement "we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its since call worst will diminish our record of creating jobs in the u.s. and repatriating profits back to this country." and in an
obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under...
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Oct 31, 2012
10/12
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CNBC
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gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good quarter for us. and a challenging environment. being able to grow revenue, grow profits as you mentioned year-over-year. our margins are up slightly, strong cash flow. got some important launches away this quarter in terms of new vehicles into the market for cadillac and other of our brands. so good quarter overall, and we've made some progress on some of the tough issues in front of us including pensions and we're making reasonable progress in europe. >> and we'll talk about europe in a bit. but i want to ask you about revenue. nearly $2 billion better than
gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good...
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Oct 31, 2012
10/12
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CNBC
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just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> you are watching "worldwide exchange" and these are your headlines. sandy leaves a massive path of devastation in its wake as r residents belong a long and costly recovery process. >>> barclays with two new investigations in the u.s. as the bank u
just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get...
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Nov 4, 2012
11/12
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WJLA
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. >> obama took gm and chrysler bankruptcy and sold chrysler to italians who will s in china. >> it is an outrageous lie. captioned by the national captioning institute --www.icap.org-- >> we thought this was going to special preelection broadcast. that all weking have to do his handicap the election. sandy.ong came hurricane politics, all wiseman told never that you can around ththe corner. then't want to minimize tragic human dimensions of this aftermath, butt is a politil program d the election is next tuesday, so here goes. new jersey gov. chris christie prior to the storm. let's give you the plane ride back to chicago ththat you have earned. i cannot thank the president and compassion for the state.of our >> he has putis heart and soul that the people jersebounce back .tronger than before >> for the past feways, voters president hugging looking, well, presidential during a time of .risis election practically on doorstep, how will the and its of sandy mark?ath play out, >>>> good for president obama i. the time of disaster, the only electe officials who have an opportunity toto per
. >> obama took gm and chrysler bankruptcy and sold chrysler to italians who will s in china. >> it is an outrageous lie. captioned by the national captioning institute --www.icap.org-- >> we thought this was going to special preelection broadcast. that all weking have to do his handicap the election. sandy.ong came hurricane politics, all wiseman told never that you can around ththe corner. then't want to minimize tragic human dimensions of this aftermath, butt is a politil...
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Oct 28, 2012
10/12
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capitol in gm , be reallocate many other jobs would be created in the economy. they weaken automakerings. out of bankruptcy they would be owned by car makers that knew how to make a profit. >> thank you very much. worker burnout part of the economic fall out. sounds right, but it is wrong. silver lining on hard working americans on cash in texas taking on a united nations backed group trying to monitor the elections in the u.s.. somesome calling to cut off funds tut un once and for all. we debate and you decide . don't mess with texas. on election day un will be monitoring poling station and texas general said if they overstep texas law he will arrest them and not just texas florida congressman calling to cut u.s. funds to the un over this issue. >> we don't need the un we have a federal election commission and by the way, the un has no jurisdiction over the u.s. electio. you know the new york rubber room for teachers. they are a rubber room for general motor bureaucra. they never cared. they get mon yethere is fraud and abuse. >> isn't there manage wrong with t
capitol in gm , be reallocate many other jobs would be created in the economy. they weaken automakerings. out of bankruptcy they would be owned by car makers that knew how to make a profit. >> thank you very much. worker burnout part of the economic fall out. sounds right, but it is wrong. silver lining on hard working americans on cash in texas taking on a united nations backed group trying to monitor the elections in the u.s.. somesome calling to cut off funds tut un once and for all....
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Nov 1, 2012
11/12
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in 09 teetering gm got billions. but the deal would not work without labor piece and the united auto workers wanted delphi members taken care of. delphi was and is gm's top parts supplier. they were wading through bankruptcy canceled employee pensions handing off the remains to a federal government a nightmare for delphi retirees. >> my pension went from 2,550 dollars a month to the government paying $335 a month. >> the folks at the international union wanted help. if gm restored the union's delphi pensions the uaw would go along with the bailout. gm agreed. >> when you heard the union pensions are being topped off you would think everybody would be treated fairly and equally. that was not the case. >> 20,000 salary delphi retirees got no pension bailout. many suspect they know why. >> the union had political connections and we do not. >> that's it? >> rose charges it was a simple political calculation a democratic president and his administration taking care of democratic ally organized neighbor. >> i believe in th
in 09 teetering gm got billions. but the deal would not work without labor piece and the united auto workers wanted delphi members taken care of. delphi was and is gm's top parts supplier. they were wading through bankruptcy canceled employee pensions handing off the remains to a federal government a nightmare for delphi retirees. >> my pension went from 2,550 dollars a month to the government paying $335 a month. >> the folks at the international union wanted help. if gm restored...
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Oct 28, 2012
10/12
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FBC
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capitol in gm , be reallocate many other jobs would be created in the economy. they weaken automakerings. out of bankruptcy they would be owned by car makers that knew how to make a profit. >> thank you very much. worker burnout part ofhe economic fall out. sounds right, but it is wrong. silver lining on hard working americans on cash in texas taking on a united nations backed group trying to monitor the elections in the u.s.. somesome calling to cut off funds tut un once and for all. we debate and you decide . the capital one cash rewards card gives you a 50% annual bonus. and everyone, but her... likes 50% more cash. but, i have an idea. do you want a princess dress? yes how about some cupcakes? yes lollipop? yes! do you want an etch a sketch? yes! do you want 50% more cash? no you got talent. [ male announcer ] the capital one cash rewards card. with a0% annual cash bonus it's the card for people who like more cash. what's in your wallet? i usually say that. are we there yet? are we there yet? [ male announcer ] it's the question we ask ourselves every day. i
capitol in gm , be reallocate many other jobs would be created in the economy. they weaken automakerings. out of bankruptcy they would be owned by car makers that knew how to make a profit. >> thank you very much. worker burnout part ofhe economic fall out. sounds right, but it is wrong. silver lining on hard working americans on cash in texas taking on a united nations backed group trying to monitor the elections in the u.s.. somesome calling to cut off funds tut un once and for all. we...
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Oct 31, 2012
10/12
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MSNBC
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the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay. >> willie, what do you think of cargate? >> cargate. they shouldn't lie. >> i think it's subjectively untrue. the ad. i think that pretty much ends it, right? it's false. no? >> what romney said on the stump was false. the ad is true. >> right. >> it's misleading, but it's true. >> explain what you mean. >> i'm sorry. what? >> production in the u.s. that exists. they're making jeeps in the u.s., selling them in the u.s. they're talking about making jeeps to sell in china in china. romney initially suggested on the stump, wrongly, that they were going to move all jeep production to china, including selling -- bu
the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay....
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Oct 31, 2012
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but as one gm executive told me. this ad crossed a line. it was, as i said, too outrageous and misleading for them, not to respond to. the fact is, general motors has been building vehicles in china for many years. it's one of the largest carmakers in china. but no automakers sell cars made in the united states, into china, because of import duties and the costs associated with that. on the chrysler side, it's troubling that they would attack jeep, which is serving the cornerstone of chrysler's comeback, and toledo, ohio, and detroit, michigan, where they are adding jobs, shifts in the plants, and making more jeeps than ever before and can't keep them in stock long enough. so, to suggest that they need to go elsewhere to build their jeeps, is false. and the fact of the matter is, in the global auto industry today, particularly in china, the mantra is, build them where you sell them. so this idea that somehow american jobs are at risk, because of chinese production, really doesn't add up. >> let me go to steve rattner. i think for the people
but as one gm executive told me. this ad crossed a line. it was, as i said, too outrageous and misleading for them, not to respond to. the fact is, general motors has been building vehicles in china for many years. it's one of the largest carmakers in china. but no automakers sell cars made in the united states, into china, because of import duties and the costs associated with that. on the chrysler side, it's troubling that they would attack jeep, which is serving the cornerstone of chrysler's...
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Oct 27, 2012
10/12
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CNNW
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they went from, there was an old gm and a new gm, so they went through kind of a managed bankruptcy after all the bailout work was done. >> then ford did it all on their own. >> wait, this is not true. that is not true. ford had the timing on their side. they went and renegotiated their debt before the 2008 crisis hit. they happened to have an advantage of going to wall street to renegotiate their borrowing authority and it was the calendar. >> the ceo of ford said about mitt romney's prescription. he said if gm and chrysler had gone into a free fall bankruptcy, they would have taken the entire supply chain and auto agency with it. he said that in 2010. so that's really what -- >> speculation is not accurate. >> it is because there was no way that private capital were going to keep those companies alive into a chapter 11 reorganization. they would have gone into liquidation. we would have lost not only those two companies, but the supply chain. >> what he said, these are his words, the american auto industry is vital to our national interest as employer and hub for manufacturing, a manage
they went from, there was an old gm and a new gm, so they went through kind of a managed bankruptcy after all the bailout work was done. >> then ford did it all on their own. >> wait, this is not true. that is not true. ford had the timing on their side. they went and renegotiated their debt before the 2008 crisis hit. they happened to have an advantage of going to wall street to renegotiate their borrowing authority and it was the calendar. >> the ceo of ford said about mitt...
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Oct 31, 2012
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all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining questions and nobody sort of set out what happened. we've got bits and pieces and weird stories about videos and we've had, it's an incomplete picture, other news organizations aren't particularly pursuing this. we are and a few others. i'm curious is benghazi an issue that is one that is in any way related to the voters have interest in it. >> and in terms of the election i was talking with senator ron johnson of wisconsin said every victory center he went to people were saying tell me about benghazi. people in ohio, people have been asking about benghazi. there is a rumor that two networks have i mails telling a counter trift group to stand down but they're a group in realtime trying to mobilize marines and c 130s and were told stand down, do nudging this
all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining questions and nobody sort of set out what happened. we've got bits and pieces and weird stories about videos and we've had, it's an incomplete picture, other news organizations aren't...
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Oct 31, 2012
10/12
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all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining questions and nobody sort of set out what happened. we've got bits and pieces and weird stories about videos and we've had, it's an incomplete picture, other news organizations aren't particularly pursuing this. we are and a few others. i'm curious is benghazi an issue that is one that is in any way related to the voters have interest in it. >> and in terms of the election i was talking with senator ron johnson of wisconsin said every victory center he went to people were saying tell me about benghazi. people in ohio, people have been asking about benghazi. there is a rumor that two networks have i mails telling a counter trift group to stand down but they're a group in realtime trying to mobilize marines and c 130s and were told stand down, do nudging this
all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining questions and nobody sort of set out what happened. we've got bits and pieces and weird stories about videos and we've had, it's an incomplete picture, other news organizations aren't...
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Nov 2, 2012
11/12
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MSNBC
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between the romney and obama campaign about jobs related to the auto industry, particularly jeep and gm. how do you see the auto bailout and how it's going to play in this election? >> well, there's no question that the manufacturing numbers have been a modest positive in few years. not up by a huge amount. we're not anywhere near getting back all the industrial jobs that we lost in the recession. but it's between then and a mild positive. ohio has been a beneficiary of that. not just in the auto industry, but in a variety of manufacturing areas. but ohio is benefiting other areas in terms of health. the health sector is doing fairly well. the health sector is benefiting from the oil and gas deals. so modest positives on the economic and jobs front for the state of ohio. the issue, i think, for obama is that people are thinking about a lot more than just the economy and the automotive side specifically and, of course, the governor of ohio, john kasich, is tying to contribute anything that is positive to his administration as opposed to that of barack obama. >> that we have seen. jim, th
between the romney and obama campaign about jobs related to the auto industry, particularly jeep and gm. how do you see the auto bailout and how it's going to play in this election? >> well, there's no question that the manufacturing numbers have been a modest positive in few years. not up by a huge amount. we're not anywhere near getting back all the industrial jobs that we lost in the recession. but it's between then and a mild positive. ohio has been a beneficiary of that. not just in...
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Nov 4, 2012
11/12
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gm, the pistons and the u.s. government would buy back delco auto parts and give it back to general motors to put its parts back on. but the vultures had secretly bought up, including and particularly romney's syndicatee debt cheaply. that is how these guys operate. they buy have forgotten old debts for 20 cents on the dollar and they use that, those pieces of basically worthless garbage paper to a trick in the chapter 11 bankruptcy code to say we'll does, we own delphi and by the way, if you don't give us our money, $12.9 billion it was, $12.9 billion, we will cut off your parts and here is a "meant. this is a quote from romney syndicate. lee will shut you down. that is what they told the u.s. treasury, general motors, we will shut you down. by the way elliotts today, mr. singer's group said that they never threatened or shut down delphi. ballowe didn't. they threaten to shut down general motors and chrysler to put them out of business. i'm not talking bankruptcy. i'm talking about liquidation, demolish the plan
gm, the pistons and the u.s. government would buy back delco auto parts and give it back to general motors to put its parts back on. but the vultures had secretly bought up, including and particularly romney's syndicatee debt cheaply. that is how these guys operate. they buy have forgotten old debts for 20 cents on the dollar and they use that, those pieces of basically worthless garbage paper to a trick in the chapter 11 bankruptcy code to say we'll does, we own delphi and by the way, if you...
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Nov 1, 2012
11/12
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KCSM
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industry analysts think gm could soon put its foot on the break. opel is a big obstacle to their plans to roar back. >> good news for germany -- projections said the company will collect its highest tax revenues ever this year. the federal government as well as states and municipalities are said to take in a total of 602.4 billion euros, which beats earlier projections by almost 6 billion euros. the government says it will come close to balancing its budget next year. >> germany will pay out billions of tax reimbursements to foreign companies. that is in order to comply with a ruling from the european court of justice. >> the court found that foreign stockholders in germany paid too much in taxes on their dividends and ordered germany to rectify the situation. the payments are set to cost the treasury at least 3 billion euros. >> the german economics ministry has confirmed media reports that european and north african countries have begun negotiations on a mass of solar energy project in the sahara desert. >> the desert tech project would see solar
industry analysts think gm could soon put its foot on the break. opel is a big obstacle to their plans to roar back. >> good news for germany -- projections said the company will collect its highest tax revenues ever this year. the federal government as well as states and municipalities are said to take in a total of 602.4 billion euros, which beats earlier projections by almost 6 billion euros. the government says it will come close to balancing its budget next year. >> germany...
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Oct 31, 2012
10/12
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MSNBCW
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gm will invest $500 million into that plant, ed. he is lying in the beginning and he'll be lying all the way through this. >> i don't think the obama campaign could hand a better script to the romney people and say, here, do this and implode in the state of ohio but the question is, chris, what are you hearing out of toledo? are the people of ohio reacting to this and do you think these false ads are having an impact? >> oh, sure, i live right down the road from the jeep plant, about 35 minutes from north toledo where a state-of-the-art facility was built about a decade ago with the support of a republican governor across northwest ohio and thousands and thousands of jobs were saved because of it. let me remind you, i know you know this, general motors and fiat which owns a share of chrysler which produces the iconic brand jeep are publicly traded corporations. with lives of workers at risk. and you are greeted by a television kwhescommercial suggg your job is about to be shipped to china. mitt romney knows it's not true and if he d
gm will invest $500 million into that plant, ed. he is lying in the beginning and he'll be lying all the way through this. >> i don't think the obama campaign could hand a better script to the romney people and say, here, do this and implode in the state of ohio but the question is, chris, what are you hearing out of toledo? are the people of ohio reacting to this and do you think these false ads are having an impact? >> oh, sure, i live right down the road from the jeep plant,...
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Oct 31, 2012
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FBC
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when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is trying to get back to a sense of normalcy here. i'm hearing about guys talking about sleeping in host tolls, going to homes with power. everybody is contending and juggling a lot as they try to continue to keep markets running smoothly. back to you. cheryl: nicole, thank you very much. got brakinging news. ashley: we certainly do. the "new york post" reporting that mayor bloomberg will temporarily be banning passenger cars from entering manhattan. of course this is the as the city struggles to recover from hurricane sandy. the streets today were absolutely at a standstill. took people hou
when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is...
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. >> look, i think that gm opening plants in china is great because it is more sales for gm. and the jeep was the first car sold in china, the fact that chrysler is going to produce more is also good. who cares who it is that came in tell rescue chrysler? there was no one else that wanted to take over. and that he has done a phenomenal job. he is canadian anyway. neil: there is that. i do like the italians. >> she has done a great job. neil: okay. >> the netting the u.s. has benefited. neil: we can disagree on some fine points. thank you. very good. >> you have to agree that it is one of the real successes of this administration that they have turned this industry around . neil: i don't know about that. i don't know. the cost, or, for example, the way that bondholders were treated in the way that we redid contract law. >> everybody has to sacrifice. neil: not everyone did. not everyone did. well, we make history. i love you dearly, but we did redo a couple of things. it is very good having you austin. i appreciated. >> good to see you again. neil: in the meantime i want to sw
. >> look, i think that gm opening plants in china is great because it is more sales for gm. and the jeep was the first car sold in china, the fact that chrysler is going to produce more is also good. who cares who it is that came in tell rescue chrysler? there was no one else that wanted to take over. and that he has done a phenomenal job. he is canadian anyway. neil: there is that. i do like the italians. >> she has done a great job. neil: okay. >> the netting the u.s. has...
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Oct 31, 2012
10/12
by
FBC
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eye 186
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quote 1
back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after being closed for two days and many of these have no self service or internet service but nyse systems able to trade electronically and full force smooth opening for the new york stock exchange. when i talked with duncan neiderauer and he talked about electronic opening the truth is these big companies, goldman sachs and j. p. morgan would have to bring in someone somewhere even if we were trading electronically and just for keeping people lot of harm's way is what he meant when he talked about it being irresponsible to open any earlier than today. the pr
back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after...
192
192
Oct 28, 2012
10/12
by
CSPAN
tv
eye 192
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we used to build suburbans and tahoes for gm. we used to say as gm goes, so goes janesville. we lost our plant. a lot of my friends from high school thought they could make a living for their families, they lost that. that livelihood is gone. i have a buddy that went from $25 an hour down to $9 an hour without benefits. we have got to help these people who are stuck in between, who are in the middle of their earning years when they are supposed to be building for their family, saving for their family, putting themselves on the path of pursuing their version of happiness, making the american dream realized for themselves and their kids. we have 46 job-training programs coming out of washington, spread across seven agencies. it is nothing but bureaucracy. the bureaucrats of the way, give people the ability to take this and get people the skills they need so they can get the jobs they want in the 21st century and have themselves back on the path to prosperity. it is so essential. open up energy, get people the skills they need, and it just like a case of common sense, we have to
we used to build suburbans and tahoes for gm. we used to say as gm goes, so goes janesville. we lost our plant. a lot of my friends from high school thought they could make a living for their families, they lost that. that livelihood is gone. i have a buddy that went from $25 an hour down to $9 an hour without benefits. we have got to help these people who are stuck in between, who are in the middle of their earning years when they are supposed to be building for their family, saving for their...
150
150
Oct 31, 2012
10/12
by
CNN
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eye 150
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and that's all they have said, there is reports this coul
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central...
149
149
Nov 1, 2012
11/12
by
MSNBCW
tv
eye 149
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quote 0
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows
85
85
Nov 1, 2012
11/12
by
MSNBC
tv
eye 85
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quote 0
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the toledo blade. the most read story today in the blade. in this town where mitt romney is running his made-up story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows who this is. when chrysler ceo marchionne says they're not moving jobs to china that is big-time, hometown paper news and when you as a candidate lie to the hometown crowd about the hometown news you cannot expect that lie to float. and it is not floating. the "columbus dispatch fact check" says, "oh, boy."
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the toledo blade. the most read story today in the blade. in this town where mitt romney is running his made-up story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows who this is. when chrysler ceo...